Category Archives: advice gap

A propitious moment for pensions

Yesterday was exuberant. The main UK stock market index rose 2.4%, the FTSE 250 even more. The pound rose and there is a “fill your boots” feel to the City of London. The Conservative party gaining a significant overall majority … Continue reading

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Elections destroy trust and time

By this time tomorrow, I will have cast my vote in what is being called the most important election in a generation. Of course it isn’t any such thing, it is just an adjustment to the dial if power. At … Continue reading

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In defence of professional indemnity insurance

  Insurance markets do not lie, they reflect perceived risk. The cost of professional indemnity insurance for IFAs is rocketing (I know – I’ve been quoted). This is as a result of increased perceived risk of claims against insurance from … Continue reading

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The nations wealth is in pensions but not in DC pots

Private pension wealth is the largest component of household wealth, marginally bigger than total property wealth, and its value has increased by more than that of property wealth too. This reflects a slight cooling in the housing market, while the … Continue reading

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“There is no justice in Guernsey, but men protecting secrets”.

Email from Niall Coburn to Guernsey Bailiff, in response to the Manita Khuller judgment: Dear Bailiff Collas, I write to you as former Head of Enforcement and regulator and lawyer who has worked internationally and attended the Trial of Manita … Continue reading

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What I’d pay more taxes for.

This election has become about “Getting Brexit Done” and “Saving our NHS”. It could have been about so much more. We don’t live in a just society when we allow poverty of the type video’d here. This is a tough … Continue reading

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“Britain’s great pension crisis” – beware or despair?

Going out after the watershed, Channel 5’s two part exploration of how fit we are to retire, sits awkwardly between the Yorkshire Vet and Chris Tarrant’s Extreme Railways, not the kind of TV you’d watch unless you’re into Michael Buerk … Continue reading

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Regulation 2.0 (and how to pay for it).

  I am on something called the Pension Regulator’s Stakeholder group which means I’m supposed to champion tPR .I get meetings with MAPS (which always get cancelled at short notice) because I represent something out there called “innovation”. But in … Continue reading

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Why investment reporting has to change.

    I remember when I used to provide market intelligence to Eagle Star feeding back the confusion we were creating amongst trustees and sophisticated members and policyholders who were trying to find out how funds were performing. Every time … Continue reading

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Chile’s pension expectations dashed – what can we learn?

In the early 1980s Chile became the first OECD nation to switch from a Pay as you go pension system to a system dependent on private pensions. True the long-tail of state liabilities isn’t due to end till 2045 but … Continue reading

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